Analysts expect Pointer Telocation Ltd (NASDAQ:PNTR) to announce $19.34 million in sales for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Pointer Telocation’s earnings, with the highest sales estimate coming in at $19.47 million and the lowest estimate coming in at $19.11 million. Pointer Telocation reported sales of $18.85 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 2.6%. The firm is expected to report its next quarterly earnings report on Tuesday, February 26th.

According to Zacks, analysts expect that Pointer Telocation will report full-year sales of $78.69 million for the current financial year, with estimates ranging from $78.46 million to $78.82 million. For the next financial year, analysts expect that the firm will report sales of $85.90 million, with estimates ranging from $82.02 million to $89.24 million. Zacks’ sales averages are a mean average based on a survey of research analysts that cover Pointer Telocation.

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Pointer Telocation (NASDAQ:PNTR) last announced its quarterly earnings data on Thursday, November 15th. The communications equipment provider reported $0.26 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.26. The business had revenue of $18.73 million during the quarter, compared to analysts’ expectations of $19.79 million. Pointer Telocation had a return on equity of 13.81% and a net margin of 21.23%.

A number of research analysts have issued reports on the company. Roth Capital set a $17.00 price objective on Pointer Telocation and gave the company a “buy” rating in a research note on Wednesday, August 15th. Zacks Investment Research cut Pointer Telocation from a “hold” rating to a “sell” rating in a research note on Thursday, November 22nd. ValuEngine cut Pointer Telocation from a “sell” rating to a “strong sell” rating in a research note on Monday, August 13th. Finally, HC Wainwright reiterated a “buy” rating and set a $25.00 price objective on shares of Pointer Telocation in a research note on Friday, November 16th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Pointer Telocation has an average rating of “Buy” and an average target price of $19.67.

Several hedge funds have recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Pointer Telocation by 18.1% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 457,288 shares of the communications equipment provider’s stock worth $5,945,000 after purchasing an additional 70,000 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of Pointer Telocation by 5.5% in the second quarter. Renaissance Technologies LLC now owns 250,300 shares of the communications equipment provider’s stock worth $3,004,000 after purchasing an additional 13,018 shares during the last quarter. Delek Group Ltd. raised its stake in shares of Pointer Telocation by 22.8% in the second quarter. Delek Group Ltd. now owns 175,746 shares of the communications equipment provider’s stock worth $2,109,000 after purchasing an additional 32,666 shares during the last quarter. Cannell Capital LLC purchased a new position in shares of Pointer Telocation in the second quarter worth $1,739,000. Finally, ARK Investment Management LLC raised its stake in shares of Pointer Telocation by 27.8% in the third quarter. ARK Investment Management LLC now owns 45,757 shares of the communications equipment provider’s stock worth $595,000 after purchasing an additional 9,963 shares during the last quarter. Hedge funds and other institutional investors own 20.23% of the company’s stock.

Shares of NASDAQ:PNTR opened at $11.85 on Wednesday. The firm has a market cap of $96.36 million, a price-to-earnings ratio of 10.58 and a beta of 0.92. Pointer Telocation has a 12-month low of $10.25 and a 12-month high of $19.65. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.79 and a quick ratio of 1.42.